St Kitts and Nevis: The Citizenship by Investment Unit (CIU) led by Michael Martin is all set to host an Exclusive Luncheon on March 6, 2023, at Taj Dubai Hotel, Burj Khalifa Street, Business Bay Dubai. The head of the CBI Unit, Martin, will discuss the new regulations and their benefits for high-net-worth individuals and their businesses.
The event strives to discuss all the significant changes implemented in the Citizenship by investment programme of St Kitts and Nevis to give a clear view to business people from around the world so that they can make their investments without any doubts.
The head of the CBI Unit will be engaging with various individuals from around the globe and will be taking their queries related to the CBI Programme. Since he was appointed the head of the Unit, Michael Martin has worked diligently to lure more investors and advance the already best programme so that it can retain its position as the ‘platinum standard’ of the CBI programme.
The CBI Unit has witnessed a surge in investors’ interest since Martin’s appointment, as he has introduced several major changes for the benefit of applicants and their families. During a recent interview, Martin also highlighted that the Citizenship by investment programme is not only for foreign investors but can benefit everyone around the globe.
The newly elected head of Citizenship by the investment unit of St Kitts and Nevis, Michael Martin, is heading towards developing the programme and Federation. His plans have been focusing on enhancing the integrity of the Federation.
In early February 2023, during a webinar, Michael Martin announced the limited-time offer on the Sustainable Growth Fund applicable from January 1 2023, to June 30 2023, which are as follows:
-US$125,000 – Main applicant
-US$170,000 – Main applicant, spouse and two dependants
-US$150,000 – Main applicant and a spouse
-US$25,000 – Each additional dependant over 18 years
-US$10,000 – Each additional dependant under 18 years
In various statements by Michael Martin, he always focused on explaining the importance of the fund generated by the SGF. These funds will benefit the investors and the local industry. The hard capital inflow will increase with these types of new offers. He added that these funds enabled the country to survive hard times and natural disasters.
According to some reports, to remain in the world’s top-notch categories of citizenship programmes, CIU has to stay in the cycle of introducing new ways and paving new ways to sustain the industry.
CIU head Michael Martin always remains on the first step to meet with the international as well as national stakeholders who come up with new plans and deals. Moreover, as the head of such a body, he supports these stakeholders economically and in other ways. He always uses his past experiences when serving in the investment migrations, which he is further using to enhance the Citizenship by Investment Programme globally.
During a press briefing, Michael Martin said that St Kitts and Nevis’ Citizenship by Investment Unit is using creativity and teamwork to ensure the programme’s progress in the modern age. He also plans to introduce new rules and regulations for doing work in a particular way.
Michael Martin added, “the long-long-standing Citizenship by Investment (CBI) Programme of St Kitts and Nevis will be underpinned by three fundamental principles such as good governance, sustainability and pragmatism.”
Furthermore, he concluded, the government will also make needed legislative and administrative changes that will be focusing the betterment of the citizens in the Federation of St Kitts and Nevis.
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